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FINANCIAL NEWS
UAE imports to Saudi Arabia grow
03 Aug 2016
(MENAFN) The UAE imports to Saudi Arabia market is growing, as the kingdom constitutes the second main destination for UAE-made products after India.
Meanwhile, the Emirates posted an USD10.89mn trade surplus with Saudi Arabia in 2014, as it exposed its 2015 data.
Saudi’s imports from near countries are varied, items like pearls, precious stones and coins toped in the list last year, posting 22 percent increase in the UAE’s exports.
In addition, 27 percent of Saudi Arabia’s imports of copper and copper articles value USD672mn and 11 percent of its imports of articles of iron and steel reach USD626mn.
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